Crypto News

Bitcoin Price Watch: Market Stalls Below Resistance as Traders Wait

Bitcoin opened April 1, 2025, at $83,882 with a market capitalization of $1.66 trillion, a 24-hour trade volume of $28.60 billion, and an intraday price range between $81,287 and $84,490. Oscillators showed mixed momentum and moving averages were broadly bearish, suggesting a consolidating market with a cautious upward bias. Bitcoin On the hourly chart, bitcoinSource link

Bitcoin Miner Hut 8 Could Look to Acquire a Hyperscaler, Clear Street Says

Hut 8's (HUT) new subsidiary, American Bitcoin Corp., a partnership between the mining company and the Trump family, could be spun out, allowing the company to focus on data center hosting, broker Clear Street said in a report Monday.The broker noted that the new unit will be included in the bitcoin miner's financials, but the "businesses could be separated, allowing HUT to focus on high-margin data center hosting revenue." Hut 8 is expected to secure more power and expand its data center hosting business, the report said, and the "potential to secure a hyperscaler" is a key catalyst for the company.Eric Trump and Donald Trump Jr. are merging their firm, American Data Centers, with American Bitcoin, a new mining venture,...

Binance Airdrops $1.5M in Crypto to Quake-Hit Thailand and Myanmar

Binance Charity will airdrop up to $1.5 million in crypto to verified users in quake-hit Myanmar and Thailand, showcasing blockchain’s power in disaster relief. Binance Charity Airdrops $1.5M in Crypto to Quake Zones in Thailand, Myanmar Crypto exchange Binance announced on March 31 that its philanthropic arm, Binance Charity, and co-founder Changpeng Zhao (CZ) willSource link

Some Crypto Tokens Plunge 50% Within Minutes on Binance Amid Suspected Trading Bot Glitch

Multiple tokens cratered as much as 50% within 30-minutes on crypto exchange Binance on Tuesday, with market watchers wondering if a misconfigured trading bot could have caused the declines.Act I, the Prophecy (ACT) slumped 50%, DeXe (DEXE) dropped 30% and dForce (DF) fell nearly 20% within minutes after 1100 UTC on Tuesday, data from Binance shows, with no immediate catalyst or explanation behind the sudden fall.Meanwhile, HIPPO, BANANA31, TST and LUMIA posted similar declines shortly after 1100 UTC, though not as large as ACT, with dips in some tokens like KAVA getting quickly purchased by fast-fingered traders.The tokens are not related or in the same sector. Data showed a surge in selling volumes roughly around the same time, with no...

Dogecoin, Cardano Lead Gains as Crypto Majors Rally

DOGE and ADA surged Tuesday morning amid a crypto market rebound and “renewed optimism,” despite looming tariff concerns.Source link